Not an ideal year for Malaysia to achieve 3.8% growth target
Research analyst Kevin Khaw Khai Sheng said slower economic growth resulting from US tariffs is the main concern that could derail the government’s ability to achieve its target.
Business
South Korean economy shrinks again in Q1
The weaker-than-expected GDP figure increases the likelihood that Asia’s fourth-largest economy will fall short of the central bank’s full-year GDP growth forecast of 1.5…
Bank Indonesia keeps rate unchanged amid flagging rupiah
Bank Indonesia (BI) has decided to keep its key interest rates in place as the rupiah remains weak, and noted that mounting global pressure stemming from trade disruption…
Chinese steel factory in Thailand’s Chonburi found violating suspension order
A special taskforce from the Ministry of Industry has discovered that a steel factory, jointly owned by a Chinese firm, violated a suspension order and resumed the production of…
Southeast Asian businesses face 400 ransomware attacks daily
Among the hardest hit were businesses in Indonesia, with 57,554 attacks, followed by Vietnam (29,282), the Philippines (21,629), Thailand (13,958), Malaysia (12,643), and…
Instant retail in China sizzles as turf war among big names heats up
The company emphasised that it will never force its riders to "choose one out of two" platforms, encouraging them to accept orders freely from different platforms. JD will also…
US President Trump’s 145% tariff on Chinese batteries opens door for Korean rivals
On April 10, the White House said that the 125 percent tariffs on Chinese imports would rise from 34 percent to 125 percent, on top of an existing 20 percent tariff.
International port looks to jumpstart tourism in Cambodia’s Kampot
The port is expected to play a key role in increasing travel to coastal areas and promoting island tourism, including popular destinations like Koh Rong, Koh Rong Sanloem and Koh…
Bhutan’s first private helicopter operator to begin operations this month
Headquartered in Ramtokto, Thimphu, Heli Bhutan will provide an alternative to the existing state-owned Royal Bhutan Helicopter Services Limited, which currently faces limitations…
Vietnam to diversify markets for agricultural products amid global trade shifts
According to the Ministry of Agriculture and Environment, Vietnam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the…